Question:
Fill in the blanks in the table below calculate 1 the
Last updated: 9/22/2023
Fill in the blanks in the table below calculate 1 the Nominal GDP for 2020 2 Nominal GDP for 2021 and 3 real GDP for 2021 use year 2020 as a base year Blank 1 Blank 2 Blank 3 Volume of Goods Services Prices Nominal GDP Real GDP 2020 30A 30G 30M A 2021 A 1 G 10 M 2 A 2 G 12 M 4 1 390 A 35A 35G 35M 2 3